Influence of stakeholders on the organizational management...

Influence of stakeholders on the organizational management Stakeholders are the people or groups who have an interest, claim, or stake in the organization. Hence, stakeholders usually focus on the performance of the organization and ensure that it remains at an acceptable level. Stakeholders do not have any role in the management of the organization, but they do influence the organizational management. Stakeholders influences the decision making process. They ensure that the organizational work environment remains dynamic, stimulating, and rewarding and there are good working conditions available in the organization so that the organization can perform well. However, it is to be understood that the stakeholders have their own interests which are required to be satisfied by the organization. These interests can vary and can relate to productivity, environment, quality, technology, as well as financial, regulatory, welfare, or ethical issues etc. The organization is required to define, fully understand and address the interests of the stakeholders. This is a very delicate process which is required to be addressed with discretion since it can help the organization to achieve the long term success. The organization which does not have the ability to satisfy its stakeholders defeats the purpose of its existence. For these reasons, management is required to assess the organizational setting and its own role. The major task of the management is to build relationships and to develop a framework for partnership. This framework connects the people of the organization with one another, and with its stakeholders with the stakeholders. For doing it, management is required to identify critical relationship, develop satisfactory working relationships with several key individuals and groups involved, and finally work for the maintenance of these relationships. With the conservation of organizational resources, time, money and personnel as mandate, organizational management seeks to capitalize...

Process Control System Dec28

Process Control System...

Process Control System A process is broadly defined as an operation that uses resources to transform inputs into outputs. It is the resource that provides the needed energy to the process for the transformation to occur. In the context of an industry the term ‘process’ as used in the term ‘process control’ refers to the methods of changing and refining of raw materials that remain in a solid, liquid, gaseous, fluid or slurry state  to create end products of specified properties. The raw materials during the process are transferred, measured, mixed, heated or cooled, filtered, stored or handled in a way so that the desired output is obtained. During the process the raw materials undergo physical and chemical changes for their conversion into the end products. Normally an industry operates a number of processes where each process exhibits a particular dynamic (time varying) behaviour that governs the transformation. The dynamic behaviour is determined by the physical and chemical properties of the inputs, the resource and the process itself. Process control refers to the methods that are employed for controlling the variables of the process or processes used in the manufacturing of a product. It is the act of controlling a final control element to change manipulated variable to maintain the process variable at a desired set point. These variables can be in process inputs, in process parameters and in process output. Control of the process is done to reduce its variability for getting aimed product quality, improving the production rates, increasing the efficiency of the process, facilitating protection of the environment and ensuring safety of the men and equipment employed for the process. A corollary to the process control is that a controllable process must behave in a predictable manner. For a given change...